Spotted an interesting move on a Solana meme token today - $CAT's showing some activity worth noting.
The 24-hour trading picture tells a story: buyers pushed through nearly $49.3K while sellers unloaded about $43.3K. That's a roughly $6K net buy pressure, which isn't massive but shows some appetite.
Market cap sits at $22.7K - we're talking micro-cap territory here. Liquidity? Basically zero reported, which is the red flag you'd expect from a Pumpfun launch.
This one's riding purely on speculation and momentum. The buy-to-sell ratio leans slightly bullish, but without real liquidity backing it, volatility's gonna be wild. Trade carefully if you're watching this space.
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GateUser-61c00236
· 9h ago
cat will rise alto billions
Reply0
GateUser-a606bf0c
· 11h ago
Another pumpfun illiquid junk—don’t touch microcap tokens like $CAT. If one whale dumps, it’s game over.
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MetaMisery
· 12-04 09:32
Same old routine from pumpfun—zero liquidity and still boasting? These micro exchanges are only good for fleecing newbies, nothing else.
View OriginalReply0
FunGibleTom
· 12-04 09:26
A shitcoin with a $22.7K market cap and zero liquidity? Isn't this just a death trap?
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ChainMaskedRider
· 12-04 09:20
A micro-exchange is just a micro-exchange. $CAT's liquidity is basically zero. I don't believe this can take off.
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ETH_Maxi_Taxi
· 12-04 09:17
22.7K market cap and you still dare to say there's buying pressure? Wake up, this is just a pump-and-dump scheme. The truth is, liquidity is zero.
Spotted an interesting move on a Solana meme token today - $CAT's showing some activity worth noting.
The 24-hour trading picture tells a story: buyers pushed through nearly $49.3K while sellers unloaded about $43.3K. That's a roughly $6K net buy pressure, which isn't massive but shows some appetite.
Market cap sits at $22.7K - we're talking micro-cap territory here. Liquidity? Basically zero reported, which is the red flag you'd expect from a Pumpfun launch.
This one's riding purely on speculation and momentum. The buy-to-sell ratio leans slightly bullish, but without real liquidity backing it, volatility's gonna be wild. Trade carefully if you're watching this space.